New Delhi, Feb 28 : Union Finance Minister P Chidambaram will on Friday unveil the much-awaited General Budget for the next fiscal.
After a widely accepted Rail Budget, it is likely that the Finance Minister will come out with a please-all budget.
Political analysts believe that as this would be the last full budget of the United Progressive Alliance (UPA) Government, Chidambaram can give relief to almost all section and segment of the society.
New Delhi, Feb 28: The Economic Survey 2007-08 says that the 9.2 per cent growth achieved during April to November 2007 by the industrial sector, when seen against the backdrop of the robust growth during the preceding four years suggests that the buoyancy in this sector has continued, though with a degree of moderation.
The first eight months of the current fiscal witnessed a moderate slowdown in the growth of the industrial sector, which has mainly been on account of the manufacturing sector.
The mining and quarrying sector grew at a faster pace, while the growth in electricity remained unchanged from April-November 2006.
New Delhi, Feb28, : Following are some of the key highlights of the Economic Survey 2008-09 tabled by Finance Minister P Chidambaram in Parliament today.
Economy moves decisively to higher growth phase
Economic growth in 2007-08 projected at 8.7 per cent
Overall inflation projected to decline from 5.6 per cent in 2006-07 to 4.1 per cent in 2007-08
Acceleration in domestic investment and savings rates
New Delhi, Feb 28: Pushing for reforms, Union Finance Minister P. Chidambaram while tabling the Economic Survey in the Lok Sabha today suggested a slew of reform measures that alone could help raise growth to an ambitious double digit level.
These include opening retail to FDI, hiking FDI in insurance to 49 per cent, allowing 100 per cent FDI in new private rural agricultural banks, selling up to 10 per cent equity of Navratna (cash-rich) PSUs.
New Delhi, Feb 28: Union Finance Minister P. Chidambaram will table the Economic Survey, an analytical report indicating the health of the Indian economy, in the Parliament today.
Following the presentation of the Railway Budget on Tuesday, the public and the industry expect Chidambaram to announce a cut in income tax and excise duties on various commodities to sustain GDP growth.
The Economic Survey is likely to focus on the Central Government's social sector achievements.
New Delhi, Feb 28 : Union Finance Minister P Chidambaram will on Friday unveil the much-awaited General Budget for the next fiscal.
The Economic Survey 2007-08 says that the 9.2 per cent growth achieved during April to November 2007 by the industrial sector, when seen against the backdrop of the robust growth during the preceding four years suggests that the buoyancy in this sector has continued, though with a degree of moderation.
New Delhi, Feb 28 : Substantial irrigation potential has been created in the country through major, medium and minor irrigation schemes.
New Delhi, Feb28, : Following are some of the key highlights of the Economic Survey 2008-09 tabled by Finance Minister P Chidambaram in Parliament today.
New Delhi, Feb 28: Pushing for reforms, Union Finance Minister P. Chidambaram while tabling the Economic Survey in the Lok Sabha today suggested a slew of reform measures that alone could help raise growth to an ambitious double digit level.
New Delhi, Feb 28: Union Finance Minister P. Chidambaram will table the Economic Survey, an analytical report indicating the health of the Indian economy, in the Parliament today.
